SEC Form 4 · accession 0000002488-17-000152
ADVANCED MICRO DEVICES INC · AMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Forrest Eugene Norrod
Officer — SVP & GM EESC
Period of report
Jul 26, 2017
Accepted (ET)
Jul 28, 2017 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000002488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 26, 2017 | M | 16,740 | $1.84 | A | 600,301 | D | |
| Common StockF1 | Jul 26, 2017 | M | 8,260 | $2.61 | A | 608,561 | D | |
| Common StockF2,F3 | Jul 26, 2017 | S | 25,000 | $15.42 | D | 583,561 | D | |
| Common StockF2,F4 | Jul 26, 2017 | S | 37,500 | $15.42 | D | 546,061 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option GrantF5 | $1.84 | Jul 26, 2017 | M | 16,740 | D | — | Aug 15, 2022 | Common Stock | 16,740 | 333,481 | D |
| Stock Option GrantF6 | $2.61 | Jul 26, 2017 | M | 8,260 | D | — | Nov 15, 2021 | Common Stock | 8,260 | 439,697 | D |
Explanation of responses
- F1The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2016.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2016.
- F3The reported price in Column 4 is a weighted average price.These shares were sold in multiple transactions at prices ranging from $15.11 to $15.65 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.12 to $15.65 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5This option vested 33 1/3% on August 15, 2016 and vests 8 1/3% per quarter over the next eight following quarters.
- F6This option vested 33 1/3% on November 15, 2015 and vests 8 1/3% per quarter over the next eight following quarters.